Many wealthy people hire estate planning lawyers to set up living trusts for them; these trusts allow the estate to avoid probate and the taxes that go along with it. Placing your assets in a trust, avoiding probate, and sidestepping estate taxes are not just strategies for multimillionaires and their expensive estate planning lawyers. All you need to get your do-it-yourself living trust started is a registered legal document assistant and a healthy fear of probate and all its unnecessary expenses.
If you need to make changes to your living trust, you can either amend the original document or create a new document with a California trust restatement. Read on to learn more about when a restatement is advised, and the benefits of restating a living trust. Then, be sure to contact A People's Choice to learn how we can help.
Electing an advance healthcare directive agent is an important estate planning step all older adults should be taking. However, how do you know who to choose and what they'll be doing? In this article we discuss the actions advance healthcare directive agents can take, and the qualifications you should consider before electing them.
Estate planning is imperative for anyone looking to ensure the well-being of their family members after their death. In fact, we always recommend that our clients create an estate plan. Therefore, in order to help out with this daunting process, we've created a free checklist for your reference. Read on to learn how to use it!
A People's Choice can help you understand the complexities surrounding California probate proceedings and help you file probate in California without an attorney. You don't need to hire an attorney to handle most California probate proceedings, and can easily complete probate with a registered legal document assistant.
You're probably familiar with the concept of a living trust, but there's an important step that comes after signing the trust. Read on to learn more about the process of funding a living trust and what consequences you may face if you fail to do so.
The steps for filing probate in California can be overwhelming. In fact, the process can often take 8-10 months. To help out, we've provided a free California probate filing checklist for your personal use. For low-cost, non-attorney help with filing probate in California, contact A People’s Choice today.
Which California small estate probate affidavit can help you transfer real or personal property to beneficiaries in small estates and avoid probate? A California small estate probate affidavit is a quick way to transfer real property under $55,425 and personal property under $166,250. Here is what you need to know about settling estates using a California small estate probate affidavit.
The administrator of an estate is responsible for wrapping up a deceased person’s financial and legal affairs while the estate is in probate. The duties of the executor of a will and the administrator of an estate are very similar. As the administrator of the estate, you have a fiduciary duty to the estate to act in the best interest of the beneficiaries. The most affordable way to make sure that you administer the estate correctly is to have a registered legal document assistant prepare and file the probate forms for the estate.
Use California simplified probate procedures to transfer real property valued under $166,250, and bypass expensive probate. California simplified probate procedures can be used to transfer personal property as well as real property and can be completed within 1-2 months. Make sure you know your probate options!